HUNGARY H2 Budapest now open
Hotelsschedule 14 July 2021
H2 in Budapest comprises 152 rooms
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The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Warehouse & industrial
Garbe Industrial Real Estate is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. The developer has purchased 33,000 sqm of land in Lüneburg, and plans to invest EUR 33 mln in the project.
Retail & leisure
Multi, a platform for integrated real estate management services, has recently refurbished and extended Forum Palermo, the largest shopping centre in north-west Sicily.
Retail & leisure
New Sinsay stores will be opened in retail parks located in Timisoara and Vaslui. These are the next points of this brand in Romanian commercial facilities, which are being developed by the Polish company Scallier.
Office & mixed-use development
Wunderman Thompson Technology has leased app. 2,000 sqm in building E of the Nowy Rynek office building developed in Poznań by Skanska.
Hotels
Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the launches of similar projects are pending in Prague and Budapest and that it is seeking a site for one in Warsaw.
Warehouse & industrial
The last remaining space in Panattoni Park Teplice South in the Czech Republic’s northern Ústí nad Labem Region has been taken up by Maersk, Raben and Exyte Technology – more than 23,000 sqm.
Investment & finance
Immofinanz has received approval from its supervisory board to enter into negotiations with its main shareholder CPI Property Group for the acquisition of a controlling stake in S Immo.
Warehouse & industrial
C. Hartwig Gdynia, a Polish freight forwarding company of the global Rhenus Group, has expanded its lease to occupy a total of 16,100 sqm of warehouse and office space in the Pomeranian Logistics Centre.
Warehouse & industrial
Panattoni has purchased a site in Ruda Śląska, in the centre of the Silesian metropolitan area. The building permit acquired allows for the construction of a park with a total area of 65,000 sqm.
Warehouse & industrial
CTP has secured German company Diehl Controls, a hi-tech manufacturer, as the first tenant of its new 50,000 sqm business park in Brașov in central Romania. Diehl’s plant will create 200 jobs initially, rising to over 600 by the end of 2027.
Investment & finance
Austrian real estate company CA Immo has announced its exit of the Romanian market as it finalises the sale of its seven-building office portfolio in Bucharest to local company Pavăl Holding, the owner of the Dedeman chain of DIY stores.
Warehouse & industrial
Kuchinox Polska has leased 4,000 sqm of A-class production hall with office space in the logistics park CTPark Timisoara Ghiroda in Romania.
Retail & leisure
Cushman & Wakefield Echinox, the exclusive affiliate of Cushman & Wakefield in Romania, has presented its study on different retail market segments activity in Romania. The cumulative turnover of the 6,000+ stores operated by large retailers increased by 20 pct, more than the inflation rate and the national consumption growth.
Office & mixed-use development
GTC X is the newest building of the GTC Group in Belgrade. It brings to the market 17,700 sqm of first-class office space in Block 41, located along Milutin Milanković Boulevard in New Belgrade, the Serbian Silicon Valley.
Investment & finance
Despite a slowdown in commercial real estate (CRE) markets, a tough macroeconomic backdrop and tighter lending conditions are set to make property an increasingly attractive means to raise capital, according to new research from Colliers. Corporates can explore a variety of methods to monetise real estate assets, with sale and leaseback emerging as one of the most attractive.
Warehouse & industrial
Panattoni broadens its client base from the TSL sector. DTW Logistics has leased over 25,000 sqm in Panattoni Park Warsaw West and is to start using the space from April 2023.
Green projects
Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022. The installations, with a capacity of nearly 3 MW, were built in three locations in the Opole region.
Office & mixed-use development
SalesManago, a company creating e-commerce technology solutions, is set to become the single occupant of the new office building in Ocean Office Park in Krakow's Zabłocie district. The company expects to move into its new premises in August 2023.
Warehouse & industrial
BayWa r.e., renewable energy services provider, has leased additional space at GLP Kraków Airport Logistics Centre, to support its rapidly expanding business in Poland. It will now occupy more than 14,000 sqm of industrial and office space.
Warehouse & industrial
Accolade came to Poland seven years ago and currently owns 26 of the country’s 45 parks, both completed and under construction, spanning nearly 1.5 mln sqm
Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the launches of similar projects are pending in Prague and Budapest and that it is seeking a site for one in Warsaw.
The Hyatt Place Kraków has been officially opened, marking the return of the brand to Poland and its first opening in the city.
Belgian developer Atenor has announced that the Tribe Warsaw Airport hotel, which will be operated Ennismore, is to be developed in the first phase of its Fort 7 mixed-use project in the area of Fort Zbarż near Warsaw Chopin Airport.
Radisson Hotel Group is to further expand its network in Poland, beginning next year with openings in Ostróda and Kraków, followed by new hotels on the Baltic coast in 2024 and 2025.
The first Radisson RED hotel in Poland has opened on Wyspa Spichrzów (Granary Island) in Gdańsk. This brings the hospitality group’s portfolio in Poland to 22 properties in operation and under development.
IHG is to reintroduce its InterContinental Hotels & Resorts brand to Romania after a year’s break with the opening of the InterContinental Athénée Palace Bucharest in early 2023.
Louvre Hotels Group, part of Chinese conglomerate Jin Jiang International, is to enter the Hungarian midscale hospitality market with the opening of a hotel under its Campanile brand in Budapest
A Radisson Blu hotel has opened in Cluj-Napoca – the first of the brand to open in Transylvania.
Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in summer 2023.
The Bucharest hotel market has the highest growth among CEE capitals in terms of revenue per available room (RevPAR), according to the Hotel Operator Beat H2 2021 report by Cushman & Wakefield.
Another difficult year for the hotel market has come to an end – hotels were back in operation for only the last six months of the year, but the summer and autumn seasons were much better than in 2020. But the hospitality sector is resilient and always has the potential to bounce back – according to the ‘Hotel market in the largest cities in Poland. Annual report 2021’ by Hotel Professionals, which ‘Eurobuild CEE’ has been granted the exclusive rights to publish.
UBM Development Czechia is close to completing the refurbishment of the more than 100-year-old former Cukrovarnického paláce (Sugar Palace) on Senovážné náměstí in the centre of Prague, which is to re-open in the spring as the Andaz Prague Hotel.
CPI Property Group has acquired the Mercure Bratislava Centrum Hotel from Invesco Real Estate for an undisclosed sum.
Crowne Plaza Hotels & Resorts has opened its first hotel in Budapest.
The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was secured for the hotel.
Radisson has opened its 15th hotel in Poland.
IHG Hotels & Resorts is to open the the first Holiday Inn Resort in Poland – in the Szklarska Poręba mountain resort in southwestern Poland, in partnership with AKME Wiśniewski Szklarska Poręba.
The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Wing has completed the first Hungarian B&B Hotel on the banks of the Danube in Budapest, having converted the former Angyal office building on Boráros tér, near Petőfi Bridge.
Radisson Hotel Group has opened the Belgrade Art Hotel.
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Frontex, the European Border and Coast Guard Agency, has opened a tender to select a contractor for the design-and-build project of its future headqua ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
For the 12th time it all went with a bang! The winners of the Eurobuild Awards 2022 have been announced to almost 900 guests of the Awards Gala, who w ...
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Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022. The installat ...
Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the l ...
Austrian real estate investor S Immo, following the successful completion of the mandatory takeover offer by Prague-based CPI Property Group, has by m ...
Swiss railway terminal operator Hupac has completed the development of a railway terminal in Brwinów, about 30 km west of Warsaw city centre.
The Tétris team has once again completed a fit-out project in the interiors of Nobu Hotel Warsaw. Sakebar by Nobu on ul. Wilcza not only offers sake-b ...
Immofinanz has received approval from its supervisory board to enter into negotiations with its main shareholder CPI Property Group for the acquisitio ...
Garbe Industrial Real Estate has acquired a 47,000 sqm plot of land ready for construction in Thuringia, Germany, which can be used for both commercia ...
Atrium European Real Estate has published its 6th ESG report summarising the company's achievements in 2021. The report details the key initiatives in ...
Wunderman Thompson Technology has leased app. 2,000 sqm in building E of the Nowy Rynek office building developed in Poznań by Skanska.
Following a tender, Allianz Real Estate has appointed Multi Corporation to be the property and asset manager for the Central shopping centre in Bratis ...
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will ...
Finnish developer YIT has acquired two plots in Kraków for residential projects, as well as land in Warsaw and Gdańsk – two markets where it is alread ...
Multi, a platform for integrated real estate management services, has recently refurbished and extended Forum Palermo, the largest shopping centre in ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Garbe Industrial Real Estate is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. The developer has purchase ...
